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Smart Meter Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Smart Meter Manufacturing Market Research Report | Technology | Water | Aug 2014

Smart power: The industry will thrive on rising energy consumption and housing starts

IBISWorld’s Smart Meter Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
General Electric Company General Electric Company  market share
Itron Itron market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
12.9%
Annual Growth 14-19
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Profit
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Employment
3,158
Businesses
51
Industry Analysis & Industry Trends

The industry has surged ahead in the past five years, fueled by growing demand for smart meters as utilities convert to smart grids. Revenue growth was also spurred by stimulus funds and rising electricity consumption rates. Rapid growth will continue in the next five years as more utilities embrace smart meter and smart grid technology and as new housing construction continues to recover aggressively.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Smart Meter Manufacturing industry exhibits a moderate level of market share concentration. The top two companies in the industry, Itron and General Electric (GE), will account for 41.5% of industry revenue in 2014. The remainder of the industry is dominated by small-scale enterprises that compete on a local or regional basis or by providing specialized smart grid and smart meter solutions. Additionally, import penetration plays an important role in the pace of the industry as many prominent smart meter brands installed in the United States manufacture abroad. Swiss firm Landis+Gyr and German firm Elster are two companies that generate strong sales throughout the country... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Smart Meter Manufacturing Industry?

This industry manufactures smart meters, which are electrical, gas or water meters that record consumption information in intervals of an hour or less and communicate this information back to the utility for monitoring and billing purposes. Smart meters enable two-way communication between the meter and the central system.

Industry Products
Electric metersGas metersWater meters
 
Industry Activities
Manufacturing electricity smart metersManufacturing gas smart metersManufacturing water smart meters


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